NIFTY 50

Asian shares seen bouncing but sell-off not over yet as sentiment fragile

Updated : October 29, 2018 08:32 AM IST

E-Mini futures for the S&P 500 and Dow minis jumped 0.4 percent each in early Asian trade while Nikkei futures were also in the black.
Sentiment has been hit by a range of negative factors from an intensifying China-US trade conflict to worries about US corporate earnings to Italian budget woes as well as Federal Reserve rate increases.
The dollar index was a tad firmer at 96.407 after gaining 0.7 percent last week.

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